VCL Master Netherlands B.V. is a Euro-denominated ABS that will issue two series of notes backed by €260.05 million in outstanding principal of from more than 14,000 vehicle lease contracts, as well as €108.97 million in receivables’ residual values.

Moody’s Investors Service has assigned a provisional ‘Aaa’ rating to the class of €556.5 million Class A floating rate notes. None have been assigned to the €43.5 million Class B stack.

The early performance of bonds backed by rehabbed residential mortgages is pretty strong, according to Fitch Ratings.

The $828.6 million American Airlines Series 2016-2 trust certificates will be secured by 22 recently or soon-to-be delivered, newly manufactured Airbus and Boeing passenger jets, American reported in a filing with the Securities and Exchange Commission.

Prosper Marketplace Inc., one of the largest U.S. online lending platforms, is slashing its workforce 28%, joining rivals in signaling investors aren’t as eager to fund loans after years of rapid growth.

Credit Acceptance Corp. received a subpoena from the Maryland attorney general regarding its repossession and sales policies, the subprime lender disclosed Monday.

Freddie Mac priced its latest offering of notes transferring mortgage credit risk at much narrower spreads than the previous deal, completed in March.

Wells Fargo’s latest commercial mortgage trust deal is a higher-leverage gambit of riskier debt-service coverage and loan-to-value ratios, driven by additional subordinate financing carried by some of the pool’s largest borrowers.

One of the biggest challenges in putting new CLO deals together has been the decline in the number of buyers of CLO debt. Justin Plouffe, managing director of U.S. and European CLOs at The Carlyle Group, discusses the means to which managers must adapt to market direction.

New Jersey is the latest private student lender to test the securitization market.

Credit Acceptance Corp. is marketing $330 million of notes backed by subprime auto loans.